The stock has a PE of 8.48x whereas the industry PE is 22.9x and an ROE of 26.10 per cent.

The company has a portfolio of over 500 hydroelectric sets with a cumulative capacity of more than 32,000 MW, both within India and abroad.

Shares of this company gained over 35 per cent in the last one year.    

Without further ado, we present you with the top five penny stocks with high dividend yields. 

Are you looking to buy stocks, but confused as to which one to buy? Checkout this article that lists top stocks bought and sold by SBI MF.

The net profitability of the firm shot up by more than 420 per cent from corresponding quarter last year 

On Wednesday, Sensex ended at 59,085.43, up by 0.09 per cent while Nifty 50 ended higher by 0.16 per cent at the 17,604.95 level.   

Media, telecom, realty, and private bank stocks were seen gaining whereas IT, pharma & auto stocks were moot on the bourses today.  

On Wednesday, Indian equity benchmarks jumped clocking gains across sectors taking cues from strength across global markets as robust corporate earnings in the US relaxed investors' minds about slowing growth due to steep hikes in interest rates. Oil & gas, financial, IT, and auto shares turned out to be the biggest thrusts lifting the headline indices.

Last year, nothing could have been worse than the leading countries facing a power crunch. The extent of this power crisis was so grave that it forced China to implement rolling blackouts for energy-intensive industries.  

Going ahead, the stock selection is going to be of paramount importance and hence, we have chalked down a list of stocks that are likely to outperform. Here is the list of stocks: